Purchases Green Power from Green Mountain Energy Company
NEW YORK – Aug. 30, 2010 – Green Mountain Energy Company announced today that Trump SoHo™ New York at 246 Spring Street, New York City, has committed to purchasing renewable energy from Green Mountain for 100 percent of the hotel’s electricity usage. Trump SoHo, the newest property of Trump Hotel Collection, represents the next-generation of luxury hospitality. Green Mountain is the nation’s leading competitive retail provider of cleaner energy and carbon offset solutions.
Trump SoHo is expected to purchase more than 5.5 million kilowatt hours (kWh) of wind energy annually from Green Mountain over the two-year term of its agreement. By purchasing the clean energy, Trump SoHo will offset 100 percent of the hotel condominium’s annual electricity usage, which generates an estimated 4.6 million pounds of carbon dioxide (CO2) annually. The savings represents the equivalent of 1.3 million houses turning off all their lights for a day, or not taking more than 1.8 million cab rides.
“Green Mountain applauds Trump SoHo for demonstrating leadership in sustainable business practices through this purchase of green power for its downtown New York Hotel,” said Scott Hart, President of Commercial Services, Green Mountain Energy Company. “This renewable energy purchase further helps Green Mountain accomplish its mission to change the way power is made and helps the hotel send a message to its guests that it cares about the environment.”
“We regard this as a wise business decision on all levels,” said Trump SoHo General Manager David Chase. “It is a responsible move for the hotel and it respects the values of our guests who are as concerned as we are about protecting and caring for the environment.”
The green power to be provided is generated from clean, renewable energy resources in the United States. Renewable energy facilities generate renewable energy certificates (RECs) when they produce electricity. Purchasing these certificates is a widely accepted way to address the greenhouse gas emissions of electricity consumption. Purchasing RECs in the same quantity as Trump SoHo’s estimated electricity consumption ensures that the amount of energy used by the hotel is added to the U.S. power grid from renewable sources and supports the further development of these projects.
About Green Mountain Energy Company
Green Mountain, the nation’s leading competitive retail provider of cleaner energy and carbon offset solutions, was founded in 1997 “to change the way power is made.” The company is the longest serving green power marketer in the U.S. and in 2009 was ranked the “Highest in Business Customer Satisfaction with Retail Electric Service” by J.D. Power and Associates1. Green Mountain offers consumers and businesses the choice of clean electricity products from renewable sources such as wind and water, as well as a variety of carbon offset products. Green Mountain customers have collectively helped avoid over 11.3 billion pounds of CO2 emissions. For more information, visit GreenMountain.com.
1Green Mountain Energy Company received the highest numerical score among business electric service retailers in Texas in the proprietary J.D. Power and Associates 2009 Texas Business Retail Electric Provider Satisfaction StudySM. Study based on responses from 2,231 businesses measuring 7 retailers and measures opinions of businesses with their electric service provider. Proprietary study results are based on experiences and perceptions of consumers surveyed May-June and September-October 2009. Your experiences may vary. Visit jdpower.com.
About Trump SoHo™ New York
Trump SoHo New York, the first luxury hotel in Downtown Manhattan, has captured the attention of international travelers and sophisticated New Yorkers alike. Establishing a new paradigm of design, Trump SoHo brings together the master works of Handel Architects, for the 46-story shimmering glass tower, and Rockwell Group, for the creation of the interior spaces. The 391 spacious guestrooms and suites feature floor-to-ceiling windows providing unrivaled views of the city’s spectacular skyline and the Hudson River. Trump SoHo currently has hotel condominiums available for purchase with prices beginning at $1.2 million. With just 12 rooms per floor, it has an intimate ambiance of sophistication and indulgence. Owners and hotel guests will enjoy world-class dining at Quattro Gastronomia Italiana, the Kastel cocktail lounge, the pool-side Bar d’Eau and the utmost in personal service with the signature Trump Attaché. The Spa at Trump® with its two levels of pampering services provides New York its only authentic luxury Turkish hammams. For more information, please call (877) 828-7080 or visit www.trumpsohohotel.com. Find Trump SoHo on Facebook at www.facebook.com/TrumpSoHoNewYork and on Twitter at www.twitter.com/TrumpSoHo.
Trump SoHo is a joint venture among The Sapir Organization, Bayrock Group, L.L.C., and an affiliate of the Trump Organization. Trump SoHo is located at 246 Spring Street, New York, NY, 10013.
For information on purchasing a hotel condominium at Trump SoHo:
Prodigy International, the exclusive sales and marketing company for Trump SoHo New York hotel condominiums, has an onsite sales office. For more information or to schedule a private appointment, call (212) 965-0008 or visit www.trumpsoho.com.
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